News

The market

There is some cheer for householders in the north east of Scotland due to new figures from the Registers of Scotland. Average house prices in the Grampian area are the only ones that recorded a rise in the last quarter. Average prices everywhere else fell modestly. The only others who can smile are those living at homes that the Executive “can’t accuratly locate in a local authority area”. Average prices in this group recorded a 17.2% annual rise.

Almost 45% of Scottish country houses sold in the past year have been bought by buyers from England, says estate agent Knight Frank. Many work in England but return to Scotland at weekends. The agency says farmhouses cost an average of just over £600,000 and a typical manor house with land is more than £900,000